Thursday, November 15, 2012

Eurozone In Recession Again

From Time Business & Money, "Eurozone Back in Recession in Q3" by Associated Press:
The 17-country eurozone has bowed to the inevitable and fallen back into recession for the first time in three years as a sprawling debt crisis took its toll on the region’s stronger economies.
Official figures Thursday showed that the eurozone contracted by 0.1 percent in the July to September period from the quarter before as economies including Germany and the Netherlands suffer from falling demand.

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